LeapZipBlog: cioccolatocouture's blog: Stop the Bleeding

Stop the Bleeding

July 19, 2019 by cioccolatocouture  

We all wish we could change the current healthcare environment.  I do not want to climb up on the soap box and complain about the practices the payers get away with. That does nothing to change the problems we face each and every day. There needs to be a better balance within the current environment.

 

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Physician practices cannot afford to leave money on the table in today’s healthcare climate. Claim denials continue to be a significant source of loss for many practices. In turn that puts more pressure on the provider because operation costs are inflated and more time tends to be spent on administrative requirements than on active patient care.

That means practices need to be more efficient and sadly run with less staff to get the job done properly.  It is estimated that approximately 90% of claim denials are preventable but due to less reimbursement and less staff that is more difficult to achieve.

That means you need to determine whether or not your practice administration needs improvement. An experienced biller is a requirement and an efficient practice management program is essential as well.  Do not take shortcuts to save time or money because it will only hurt you in the long run.